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ARCH Global Precision, Bloomfield Hills, Mich., a Jordan Company platform company focused on manufacturing cutting tools, machined components and medical implants and instruments, has acquired Siem Tool Co., Latrobe, Pa. Siem Tool is a manufacturer of custom solid-carbide drills, end mills, reamers, thread mills and form tools. Siem Tool will join ARCH’s Cutting Tools division.

The winner-take-all drive that fuels professional auto racing is also driving new achievements in precision machining.

We all know the buzzwords circulating around digital data and the factory. You have heard them—Industry 4.0, smart factories, data analytics, and artificial intelligence (AI). The question we all have is how will this impact workers in the long term? What do these terms really mean? Nevertheless, both traditional software suppliers and makers of advanced manufacturing equipment are offering digital solutions.

For machine shops in a competitive global marketplace, keeping spindles running and making product is the only way to stay in business. Still, adding a new piece of equipment, even with the promise of improving the efficiency of your existing ones, may be a difficult sell to management.

There’s growing evidence that some of the moldmaking business that fled the U.S. chasing cheaper sources offshore is returning. Moldmakers are not finding enough of a favorable cost differential to offset poor mold performance and the need for rework of faulty molds.

Vertical machining centers with advanced features and functions are earning their stripes as more productive members of machine shops’ CNC equipment arsenal.

In the fast-changing world of motorized vehicle manufacturing, supply chain companies are now offering numerous software suites, bringing digitalization software and customizable applications to machine tool builders, alongside CNC hardware and operating software.

Tolland, Conn.-based CNC Software Inc., developer of Mastercam CAD/CAM software, announces the release of Mastercam 2020. The new release increases machining productivity and reduces overall production costs with new 2D through multiaxis milling automation features, CAD and model preparation improvements, improved machine configuration, 3D tooling, and more.

SyncFab will give more than 1,300 National Tooling and Machining Association (NTMA) members access to its advanced manufacturing blockchain platform, the company said today. As the national representative of the precision custom manufacturing industry, NTMA members generate more than $30 billion in sales combined.

The bane of modern engineering is complexity. One promise of artificial intelligence and machine learning is helping engineers to use complex tools and harness vast data sets effectively.